Donations towards charitable causes are a praiseworthy act. In India, these donations are eligible for tax benefits under Section 80G of the Income Tax Act, 1961. This clause outlines guidelines about availing this deduction. In order to ensure that your donations qualify for tax benefits under Section 80G, it is crucial to check the lic… Read More
Securing tax benefits while contributing to worthy causes is a win-win situation. Under India's Income Tax Act, donations made to registered charitable organizations under Section 80G can potentially minimize your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social develop… Read More
funds provides a decrease tax efficiency and has a superior probability of lowering your donation benefit. Pretty much 47% of the donors told Fidelity Charitable that they might give extra should they acquired an increased tax deduction. Charitable contributions are normally tax deductible, although there may be limitations and exception… Read More